IBA Health Changes Its Name to iSOFT Group Limited | IBA Health Group Limited
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Healthcare Company News IBA Health Group Limited IBA Health Changes Its Name to iSOFT Group Limited

IBA Health Changes Its Name to iSOFT Group Limited

Company News - IBA Health Group Limited
IBA Health Group Limited announced that shareholders voted in favour of changing the company's name to iSOFT Group Limited IBA Health Group Limited (ASX:IBA)(PINK:IBATF) - Australia's biggest listed health IT company announced that shareholders voted in favour of changing the company's name to iSOFT Group Limited (ASX:ISF) to build on the goodwill associated with one of the world's leading health IT brands, iSOFT.

The company's shares will trade as iSOFT Group on the Australian Securities Exchange, under the new ASX code ISF, from 8 May. The decision will align the company's name with its major brand and embrace a common identity among shareholders, customers and employees, IBA's Executive Chairman and CEO Gary Cohen told investors at the company's headquarters in Sydney today.

"The time is right for the company's name to reflect this powerful brand and leverage our footprint across 38 countries," Cohen said. "We have already implemented the iSOFT name among all our strategic products, and have relationships with some 13,000 customers."

"The proposed name change coincides with a particularly dynamic period for our company. I was delighted that so many shareholders chose to take up their entitlements as part of our rights offering last month. We were also recently included in the benchmark S&P/ASX 200 Index at about the same time as we moved into our modern new headquarters. These changes coincide to reflect our status as one of the world's biggest health IT companies."

About iSOFT Group Limited

iSOFT Group Limited (ASX:ISF) is the largest health information technology company listed on the Australian Securities Exchange, and trades globally under the name 'iSOFT".

iSOFT builds software applications for healthcare. We work with healthcare professionals to design and build solutions that answer all of the difficult questions posed by today's care delivery challenges. Our solutions act as a catalyst for change, supporting the free exchange of critical information across diverse care settings and participant organisations. We are the leader in the provision of advanced application solutions in modern healthcare economies around the world Today, over 13,000 provider organisations in 38 countries across five continents use iSOFT's solutions to manage patient information and drive improvements in their core processes. For more information on iSOFT,visit the company's website at www.isofthealth.com

Source: iSOFT Group Limited